Birdwatch Note Rating
2024-04-24 09:08:04 UTC - NOT_HELPFUL
Rated by Participant: AE1B5B471BF6FF16265AEEC43299D903D5B1BEC6C7354A0FDC91E9F6DF925087
Participant Details
Original Note:
16 Lakh crore of loans have not been waived but written off, which is an accounting process, and the recovery process continues. Nearly half loan is non-industry and more than Rs 10 Lakh Crores have been recovered in the last 10 years. https://moneyview.in/loan-insights/difference-between-write-off-and-waive-off https://www.thehindubusinessline.com/money-and-banking/banks-recovered-over-10-lakh-crore-dues-in-9-years/article67122760.ece https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-14-56-lakh-crore-npas-in-last-nine-financial-years/articleshow/102503282.cms?from=mdr
All Note Details